Fund purpose
The Fund objective is to outperform the benchmark before fees and tax over a rolling 5-year period. Multi asset funds are a whole portfolio in one fund, containing a balance of different asset classes. Before 21 November 2025, the Harbour Balanced Growth Fund was called Harbour Active Growth Fund.
Fund benchmark
3.5% S&P/NZX Bank Bills 90-Day Total Return Index, 6.5% Bloomberg NZBond Composite 0+ Yr Index, 3.4% Bloomberg Global Agg Corporate Total Return (100% hedged NZD), 4.6% Bloomberg Global Agg Treasury Total Return (100% hedged NZD), 9% Bloomberg Global Agg Total Return (100% hedged NZD), 3% NZ Official Cash Rate +4%, 46.5% MSCI All Country World Index (50% hedged to NZD), 23.5% S&P/NZX 50 Index Gross with Imputation Credits.
Investment approach
The Fund is designed to provide investors with exposure to a wide range of domestic and global assets. The Fund invests approximately 70% in growth assets such as shares, property and infrastructure and approximately 30% into more defensive assets which will predominantly be made up of investment grade bonds. The Manager will use active management to enhance returns and manage downside risks.
Quick facts
Type |
|
Growth, Income |
Pays distributions? |
|
Yes |
Investment horizon |
|
Medium to long term |
Estimated Management Fees |
|
0.98% pa* |
Risk/return |
|
This Fund has a medium to high level of volatility |
Current distribution rate |
5% pa* |
*See Product Disclosure Statement for more details.
Before 21 November 2025, the Harbour Balanced Growth Fund was called Harbour Active Growth Fund.
Growth of $10,000 invested in Fund since inception
(Cumulative returns after fees, before tax. This includes the reinvestment of the Fund's distributions).
Harbour Balanced Growth Fund
| Fund name | Date | Unit Price NZD |
|---|---|---|
| Harbour Balanced Growth Fund | 2025-11-19 | 0.9978 |
| Harbour Balanced Growth Fund | 2025-10-31 | 1.0146 |
These unit prices are after fees before tax, and assume distributions are reinvested. |
||
| Fund name | 1mnth | 3mnth | 1 year | 2 year pa | 3 year pa | 5 year pa | |
|---|---|---|---|---|---|---|---|
|
Harbour Balanced Growth Fund Oct 31, 2025 |
Gross return inc. imputation credits | 1.76% | 5.38% | 10.52% | 14.10% | 9.84% | 4.74% |
| Benchmark return | 1.88% | 6.83% | 14.46% | 17.12% | 11.79% | 7.49% | |
|
Harbour Balanced Growth Fund Oct 31, 2025 |
Return after fees before tax | 1.72% | 5.16% | 9.42% | 13.07% | 8.80% | 3.71% |
Past performance is not indicative of future results. Gross returns means including imputation credits and before all fees, tax & expenses. Inception: 01 November 2019. The benchmark for the fund is: 3.5% S&P/NZX Bank Bills 90-Day Total Return Index, 6.5% Bloomberg NZBond Composite 0+ Yr Index, 3.4% Bloomberg Global Agg Corporate Total Return (100% hedged NZD), 4.6% Bloomberg Global Agg Treasury Total Return (100% hedged NZD), 9% Bloomberg Global Agg Total Return (100% hedged NZD), 3% NZ Official Cash Rate +4%, 46.5% MSCI All Country World Index (50% hedged to NZD), 23.5% S&P/NZX 50 Index Gross with Imputation Credits.
|
|||||||
| Fund name | Date | Cents per Unit NZD |
|---|---|---|
| Harbour Balanced Growth Fund | 2025-10-21 | 0.42 |
Investor Documents
Fund Updates contain important information for investors, covering topics such as performance, fees and holdings. They are published quarterly by all licensed fund managers under the Financial Markets Conduct Act 2013 (FMCA), and follow a standardised format. You can also view the Portfolio Holdings for this fund on the Sorted Smart Investor website.
Fund Fact Sheets are documents we publish monthly. These do not follow a legally prescribed format.
Responsible investing
We employ a strategy of integration and company engagement/voting, meaning our team researches the companies we invest in and actively checks for any environmental, social or governance (ESG) risks that may apply. It helps our Portfolio Manager develop an understanding of each company, and influences not only whether we invest in companies, but also how much. The fund also utilises external managers, who must meaningfully integrate ESG and impact into their processes.
Additional information on screening thresholds and processes are outlined in our ESG Policy and the fund Statement of Investment Policy & Objectives (SIPO).
Investment Team for this Fund
The Harbour Investment Funds Product Disclosure Statement, Statement of Investment Policy and Objectives, Other Material Information and latest collection of quarterly Fund Updates can be found in the footer of this website. These documents have been prepared in accordance with the Financial Markets Conduct Act 2013 (FMC Act). If you aren't sure about anything, we recommend you seek advice from a qualified financial advisor.